Credit Advisor

  • Location
    London, Greater London
  • Salary
    £ 20 - £ 21 / Hour
  • Category
    Energy - Oil & Gas
  • Job type
    Contractor
  • Industry
    Energy
  • External Reference
    JN-032019-55207

My client is looking for a proactive Credit Advisor who offers some industry experience. You will report directly into the Senior Credit Advisor and work within a close team based near Oxford Street.


The Finance Department is responsible for the provision of financial reporting for my client, preparing budgets, managing its cash flows and maintaining its financial records; implementation of credit policies (including carrying out due diligence in relation to counterparties); tax management; providing back-office services for cargo sales; and managing the office (including providing IT support and office management services).


These responsibilities relate to all activities of my client and encompass the services provided to my client including the provision of specific accounting, financial and banking services, preparing Gas Surcharge Tax submissions on behalf of my client and supporting them in responding to audit and other questions from the Angolan Ministry of Finance.


The Credit Team role is responsible for the implementation of credit policy for my client, including credit analysis and due diligence carried out on both service providers and the actual and prospective counterparties of contracts that my client manages.


To effectively implement relevant credit policies, including


management of credit risk and due diligence assessments; including:


* Ensuring that "Know your Customer" and other required due


diligence is carried out and maintained on all relevant counterparties such as: vendors, buyers, vendors and vessel in-charter and out-charter counterparties.


* Monitoring LNG sales to ensure that transactions are within the approved credit limits.


* Performing periodic credit reviews, recommending credit limits and monitoring credit positions of all customers.


* Negotiation and management of credit support requirements (including Letters of Credit), where these are required.


* Maintaining the Approved Bank Listing.


* Recommendations in relation to companies where the risk rating has changed, including counterparties to be placed on the Black List or Watch List.


* Effectively utilising the credit screening tools available.


* Ensuring appropriate company records are maintained in accordance with procedures and processes.


* Assisting the Senior Credit Advisor in:


o Developing and maintaining credit models.


o Preparing required reporting on credit matters, including LNG sales' credit exposure risk reporting.


o Monitoring external credit markets and credit alerts to ensure that any risks are rapidly identified.



Maintaining an up to date credit model.


* Maintaining an up to date Counterparty Control list.


* Quarterly credit reports used to monitor credit risk exposure.


* Due Diligence reports for counterparties.


* Monthly reports of credit alerts, watch lists and black lists.


* Maintaining an up to date Approved Banks Listing.


* Maintaining all relevant company records.



Should you feel you are a suitable please apply today!

Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.


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Please apply with your CV to: Ellouise Champion